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News | Today's latest from Al Jazeera (RSS)

โ€˜Banยญditsโ€™ kill 48 in northยญwest Nigeยญria atยญtacks: Loยญcal ofยญfiยญcials
Gunยญmen on moยญtorยญcyยญcles enยญtered three vilยญlages in coยญorยญdiยญnatยญed atยญtacks, shootยญing peoยญple as they tried to flee.
Published On 8 May 2022
US sanctions Russian media
RT World News (RSS)

Russiaโ€™s top domestic TV networks, as well as a host of banking executives and a defense company, have been penalized

The US on Sunday sanctioned three Russian TV networks, forbidding American companies from supplying them with equipment or advertising revenue. Dozens of banking executives and a defense company were also blacklisted.

The latest measures apply to Channel One, Russia-1 and NTV, all of which broadcast in Russian to a domestic audience. The sanctions forbid American companies from providing accounting and consulting services to these networks, and deprive them of advertising revenue from US firms. 

Furthermore, American supp...

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News | Today's latest from Al Jazeera (RSS)

G7 leadยญers imยญpose new sancยญtions on Rusยญsia over Ukraine war
G7 leadยญers have comยญmitยญted to phasยญing out deยญpenยญdenยญcy on Russยญian enยญerยญgy, inยญcludยญing by banยญning imยญports of Russยญian oil.
Published On 8 May 2022
US running low on weapons as it arms Ukraine โ€“ Congressman
RT World News (RSS)

The military industrial complex wants more money to solve the problem

Rep. Mike Gallagher, a Republican from Wisconsin, has claimed that the USโ€™ rush to arm Ukraine has โ€œburned throughโ€ years worth of weapons stockpiles, hampering Washingtonโ€™s ability to simultaneously arm Taiwan against potential conflict with China. Meanwhile, the USโ€™ vast military industry is lobbying the White House for more contracts.

โ€œWe are running low in terms of our stockpiles,โ€ Gallagher, who sits on the House Armed Services Committee, told Fox News on Friday....

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No EU fast-track for Ukraine โ€“ Austrian minister

Ukraineโ€™s accession to the European Union will not happen โ€œin the next five to ten years,โ€ Austrian EU Affairs Minister Karoline Edtstadler has predicted. Austriaโ€™s foreign minister has expressed a similar view, despite European Commission President Ursula von der Leyenโ€™s insistence that Ukraine will be swiftly ushered into the bloc.

MORE: https://www.rt.com/news/555121-austria-ukraine-eu-fast-track/

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European banks reveal cost of Russia exit

The need to write down assets as well as setting aside cash to shield against the expected economic ramifications of anti-Russia sanctions has resulted in billions of euro in losses for European banks.

The lenders have so far taken a hit of about $9.6 billion, led by Societe Generale and UniCredit. ING and Intesa Sanpaolo reported that Russian exposure had slashed their combined first-quarter net income by nearly $2 billion.

https://www.rt.com/business/555082-european-banks-billions-russia-ukraine/

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Japan warns of Ukraine-like conflict

Japanese Prime Minister Fumio Kishida has warned that a Ukraine-style armed conflict could break out in East Asia. He said that peace and stability in the Taiwan Strait is critical for Tokyo and the international community.

โ€œWe must collaborate with our allies and like-minded countries, and never tolerate a unilateral attempt to change the status quo by the use of force in the Indo Pacific, especially in East Asia,โ€ Kishida said during a meeting with his British counterpart Boris Johnson in London on Thursday.

โ€œUkraine may be East Asia tomorrow,โ€ the Japanese PM added.

https://www.rt.com/news/555118-japan-ukraine-east-asia/

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Dress rehearsal for V-Day parade takes place on Moscow's iconic Red Square

Hundreds of troops and military equipment paraded on Moscow's iconic Red Square on Saturday as part of the final rehearsal for the 77th Victory Day parade on May 9.

A column of 131 weapon systems moved on the Moscow streets, the Russian Defence Ministry said, including the Iskander-M ballistic missile system and the S-400 missile system.
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France eyes agricultural waste to replace Russian gas

In an effort to reduce its reliance on natural gas from sanctions-hit Russia, France wants to ramp up biomethane production from agricultural waste. Itโ€™s hoped the biogas can replace Russian fuel in less than 10 years.

French farmers have expressed support for Europeโ€™s bid to wean itself off Russian gas, and are planning to launch new biofuel production facilities, the Associated Press reports, adding that small biofuel stations are already supplying hundreds or thousands of households.

However, the biogas solution is unlikely to provide a quick replacement for supplies from Russia, AP noted.

https://www.rt.com/business/555112-france-bio-methane-russia-gas/

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Mystery of the rising ruble explained

After losing nearly half of its value in March due to Western sanctions, the Russian currency has staged an extraordinary recovery, strengthening to levels not seen in over two years. RT talked to Sergey Kopylov, a junior partner at consulting company BSC and a lead researcher at Plekhanov Russian University of Economics, to find out whatโ€™s behind the rubleโ€™s resilience.

READ: https://www.rt.com/business/555088-mystery-rising-ruble-revealed/

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CIA director explains why China is โ€˜carefullyโ€™ studying Ukraine

Chinese President Xi Jinping is โ€œunsettledโ€ by the Westโ€™s reaction to Russiaโ€™s military operation in Ukraine, and is looking โ€œcarefully at what lessons [he] should drawโ€ and apply to a potential invasion of Taiwan, CIA Director William Burns told a conference on Saturday.

Speaking at a Financial Times conference in Washington DC on Saturday, Burns told his audience that his agency figures that Russiaโ€™s advance through Eastern Ukraine and the scale of the Westโ€™s response may be influencing Beijingโ€™s plans for Taiwan.

https://www.rt.com/news/555133-cia-china-ukraine-taiwan/

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Canadian sniper โ€˜terribly disappointedโ€™ with military reality in Ukraine

Once lauded by the international media, a Canadian sniper known as โ€˜Waliโ€™ has returned from Ukraine to Quebec, telling local media that his experience there was a โ€œterrible disappointment.โ€ He claimed there was inadequate weaponry, poor training and heavy losses, as well as profiteering and desertion in the ranks.

MORE: https://www.rt.com/news/555128-canadian-sniper-wali-ukraine/

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CIA director weighs possibility of Russian nuke in Ukraine

CIA Director William Burns told a Financial Times conference on Saturday that the USโ€™ intelligence agencies havenโ€™t seen any โ€œpractical evidenceโ€ that Russian President Vladimir Putin will use tactical nuclear weapons in Ukraine. Ukrainian President Volodymyr Zelensky has previously claimed that Putin could use such weapons.

โ€œWe don't see, as an intelligence community, practical evidence at this point of Russian planning for the deployment or even potential use of tactical nuclear weapons,โ€ Burns said at the conference in Washington DC, repeating a similar assessment he made at the beginning of April.

https://www.rt.com/russia/555132-cia-tactical-nuclear-ukraine/

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Russia defies predictions of collapse โ€“ media

The Russian economy has largely shrugged off โ€œunprecedented sanctionsโ€ from the West, The Economist noted, crediting the sharp rise in revenues from oil and gas exports. Russian consumer spending is up again, interest rates are going down, and the ruble is stronger than before the conflict in Ukraine escalated.

MORE: https://www.rt.com/business/555097-russia-sanctions-recession-economist/

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Media reveals Muskโ€™s plans for Twitter

Billionaire Elon Musk wants to quintuple Twitterโ€™s revenue by 2028 and hire 3,600 employees after firing hundreds of them, the New York Times reported on Friday, citing a presentation to investors.

According to the report, Musk expects the number of employees to rise from around 7,500 to 9,225 this year, drop to 8,332 in 2023, and rise again to 11,072 by 2025.

The Tesla and SpaceX CEO was said to believe that Twitterโ€™s total number of users will grow from 217 million at the end of last year to nearly 600 million by 2025 and 931 million by 2028. He also reportedly projected that Twitterโ€™s revenue would quintuple to $26.4 billion by 2028.

https://www.rt.com/news/555122-musk-twitter-plans-revealed/

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Baltic nation sees wild surge in consumer prices

The Estonian consumer price index saw a dramatic surge of 18.8% year-over-year in April, with prices advancing faster than they have been in decades, according to the latest data revealed by Statistics Estonia.

The agency reported that prices for goods and services were 14.4% and 27.8% more expensive respectively in April compared to the same period a year ago.

MORE: https://www.rt.com/business/555124-estonia-prices-inflation-surge/

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